No need for CFI rights issue

No need for CFI rights issue
Published: 02 February 2018
British business tycoon Nicholas van Hoogstraten has ruled out a rights issue and borrowings at the diversified concern CFI Holdings Ltd, saying his family will provide any funding requirements at the group.

The businessman, who pushed out directors from a rival group last year, says can fund the company.

According to Hamish Rudland, a major shareholder in CFI, the group needed US$12 million in new capital.
- Zim Ind
Tags: CFI,


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